New CEO Announced:
CARPINTERIA, Calif.--(BUSINESS WIRE)--Feb. 23, 1998--
Lauer, 21-year Computing and Digital Imaging Industry Veteran Brings Significant Expertise in Growth, Development and Operations to MetaCreations
The Board of Directors of MetaCreations Corporation (NASDAQ:MCRE) announced today that Gary L. Lauer has been elected a director and appointed President and Chief Executive Officer, succeeding William H. Lane who served as Interim President and Chief Operating Officer. Mr. Lauer, a 21-year computing and visual technology veteran, was most recently President of Silicon Graphics, Inc. (SGI) World Trade Group where he was responsible for revenues approaching $3.5 billion and the management of a 4,000 person worldwide field organization. Concurrently, the company's founding Chief Executive Officer, John Wilczak, has resigned to spend more time with his family and pursue other interests. Mr. Wilczak also resigned as a director but has been retained as a consultant to the company through 1998. According to Howard Morgan, Chairman of the Board, Mr. Lauer's extensive senior management, marketing and business growth experience within the visualization technology field, combined with MetaCreations' world-class design and software development expertise, will enable the company to continue its rapid growth and leadership role within the visual computing industry. Mr. Lauer's distinguished career within the computing and visual technology industry incorporates a nine-year tenure at SGI where he was instrumental in helping grow SGI from approximately $100 million in revenue to revenue approaching $3.5 billion. He served in various capacities at SGI from 1988 to 1997 including Vice President, North American Marketing, Vice President and subsequently Senior Vice President, North American Field Operations, and most recently as President of SGI's World Trade Group and Executive Vice President of Worldwide Field Operations. Previous to SGI, Mr. Lauer was with IBM for eleven years where he held a variety of senior management positions the last of which included responsibility for field operations for IBM's U.S. Marketing and Services Group in the Silicon Valley. He holds a Bachelor of Science degree from University of Southern California Business School. Mr. Lauer, who currently resides in Los Altos Hills, California, will relocate with his family to the Santa Barbara area where he will manage all aspects of MetaCreations' worldwide operations from the company's headquarters in Carpinteria, California. MetaCreations, the visual computing software company, designs, develops, publishes, markets and supports software tools and enabling technologies for creating, editing and manipulating computer graphic images, digital art and Internet/on-line content on the desktop for both professionals and consumers. Working with distributors in North America, Europe, Latin America and Asia, MetaCreations' professional and consumer software is available in more than seventy countries. The company's headquarters is located in Santa Barbara County at 6303 Carpinteria Avenue, Carpinteria, CA 93013; telephone 805-566-6200; fax 805-566-6365. The Company also has significant operations in Scotts Valley, CA, and Princeton, NJ. MetaCreations' International Operations Center is located at Wilson House, Fenian Street, Dublin 2, Ireland. Tel: 353(1)662-9333; metacreations.com. Editors Note: Call Kerry Glassburn at (805) 566-6296 for photo/logo image assistance. All trademarks are the property of their respective owners. c1998 MetaCreations Corporation. All rights reserved. |